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President Biden signs an executive order on the Paris climate agreement

What Biden Re-joining the Paris Agreement Means for Climate Action

By Nicole Lim

As you may have heard by now, newly inaugurated President Biden returned the United States to the Paris Agreement. This will officially take effect in 30 days. The President also signed executive orders [1] overturning some of Trump’s other policies that had environmental implications, including putting a halt to the controversial Keystone XL pipeline.

Since Biden first announced [2] that re-joining the Paris Agreement would be one of his first moves in office, many have been anticipating this day. For climate action and for many other reasons, today was a day that marked the beginning of a new era.

But beyond the politics and symbolism of it all, we wanted to take a look at what this all means for climate action and sustainability.

Ambition, leadership and science

As world’s second largest emitter of greenhouse gas emissions (GHG), behind China, the U.S. re-joining the Paris Agreement must come with bold and decisive commitments and plans to significantly reduce GHG emissions. When the U.S. first joined the Paris Agreement under the Obama Administration, the U.S. had pledged to reduce emission levels between 26-28% by 2025 from 2005 levels. At present, it is not on track to reach those goals.

Much has changed since then, and Biden will now be expected to raise the bar by setting more ambitious targets that capture its “fair share” of emissions. Not only that, with China announcing its commitment to be net-zero by 2060 [3], the E.U. to be the same by 2050 [4], and many other net-zero commitments by strong Asian economies, the pressure is on for the U.S. to take on an increased leadership role.

Thankfully, science, as Mr. Biden indicated in his executive order, would guide U.S.’s climate action.

 

It is, therefore, the policy of my Administration to listen to the science.

Executive Order, 20 Jan 2021

Therefore, we can minimally expect that Washington will set targets in line with the Intergovernmental Panel on Climate Change’s (IPCC) guidance on reducing GHG emissions by 45% by 2030 (from 2010 levels) and reaching net-zero by 2050.

Organisations and corporations often adopt or align with national climate targets. With the U.S. being a crucial player in the global economy, their targets send signals and inform how the private sector globally might respond to climate change.

Climate finance and pricing carbon

A striking feature of Mr. Biden’s executive order was Sec. 5.  Accounting for the Benefits of Reducing Climate Pollution. It requires all agencies to capture the full costs of GHGs through incorporating the social cost of carbon” (SCC), “social cost of nitrous oxide” (SCN), and “social cost of methane” (SCM) into cost-benefit analyses in decision-making. To facilitate this, the President has established an Interagency Working Group on the Social Cost of Greenhouse Gases, led by economists and scientists.

The Working Group has been tasked to publish an interim SCC, SCN, and SCM within 30 days (by 21 February 2021), and establish a final SCC, SCN, and SCM no later than January 2022. These costs will be used by agencies in valuing GHGs from change in regulation and other relevant agency actions. The Working Group will also be providing recommendations to the President on where and how these costs can be applied in decision-making.

Mr. Biden also made clear that these costs are to “reflect the interests of future generations in avoiding threats posed by climate change”.

The President also has a $2 trillion plan to invest in the transition from fossil fuels to clean energy [5]. This plan will see the transformation of the U.S. automotive industry to produce increased zero-emission / electric vehicles, green infrastructure, carbon-neutral power, energy-efficient buildings, investment in green innovation, clean agriculture and job creation. Since Biden’s announcement, stock prices of ESG companies that stand to benefit in a decarbonised world have soared [6]. We can expect to see these sustainable, ESG-focused companies to be at the forefront in the coming years.

Ahead of stronger sustainability and ESG regulation, companies are already bracing themselves for increased expectations [7], and some trade groups and organisations have begun meeting with the Biden team to review ESG matters and potential risks.

Outside U.S. shores and as part of commitments under the Paris Agreement, the U.S. will also be expected to play a big role in helping developing nations finance a fair, just and equitable shift away from carbon-intensive industries and fossil fuels.

Moves to watch

So much today, but it is only the beginning. Moving ahead, there are many developments to look forward to.

With COP26 around the corner, it is likely that we will see the U.S. and its newly assembled team of climate experts [8] convene with other leaders to ramp up ambition and align action ahead of the COP. In light of many other nations committing to a green transition, will we see unity and global solidarity like we saw in Paris? Backed by green technologies and corporate ambition, will world leaders take bolder action?

Come 21 February, the Working Group will announce an interim SSC, SCN, and SCM. Based on the Obama administration’s formula, the price per ton would now stand at $52. However, Trump officials reduced it to between $1 and $7 per ton. Economists believe that the Biden administration’s price might start at $125 per ton to better reflect latest climate science and market realities. [9] We can expect the price that Washington sets to impact analysts’ valuation of companies, which will be carefully watched by investors.

By 1 February, the Biden administration has promised additional executive actions to address the climate crisis. Subsequently, the $2 trillion climate package is expected to be passed. With so much optimism surrounding this, it remains to be seen if they will live up to expectations and deliver the action needed in our race towards a decarbonised future.

 

These series of events have instilled hope, inspiration, and ambition. The global pandemic has awakened the need for change, we are optimistic that the world will embark on an acceleration of climate action like never before.

 

What does this all mean for your organisation? Paia helps companies build resilience against climate change and increased expectations to decarbonise. Over past two decades, Paia has been supporting leading corporations across the region to prepare for a decarbonised future through strategically integrating climate and ESG considerations into business. Do speak to us to find out more.

[1] https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/20/executive-order-protecting-public-health-and-environment-and-restoring-science-to-tackle-climate-crisis/

[2] https://www.aljazeera.com/news/2020/11/5/biden-vows-to-return-us-to-paris-climate-accord-if-elected

[3] https://www.theguardian.com/commentisfree/2020/oct/05/china-plan-net-zero-emissions-2060-clean-technology

[4]https://ec.europa.eu/clima/policies/strategies/2050_en#:~:text=The%20EU%20aims%20to%20be,action%20under%20the%20Paris%20Agreement.

[5] https://www.reuters.com/article/us-usa-election-biden/biden-climate-plan-would-spend-2-trillion-in-bid-to-boost-economy-idUSKCN24F202

[6] https://www.marketwatch.com/story/these-green-stocks-would-thrive-under-a-biden-administration-according-to-fund-managers-2020-07-29

[7] https://www-wsj-com.cdn.ampproject.org/c/s/www.wsj.com/amp/articles/companies-brace-themselves-for-new-esg-regulations-under-biden-11610719200

[8] https://www.independent.co.uk/environment/climate-change/biden-climate-change-hires-white-house-b1788976.html

[9] https://www.washingtonpost.com/climate-environment/2021/01/20/biden-climate-change-inauguration/

 

paris-agreement-cna-carbon-conundrum

Paris Agreement in Jeopardy? A Summary of CNA’s Carbon Conundrum

By Adrian Pang, Paia Consulting Pte Ltd

Channel News Asia’s documentary series earlier this month zoomed in on an impending disaster that is already set in motion – climate change or more accurately, anthropogenic climate change. The documentary explored the world’s profound reliance on carbon-intensive energy resources but highlighted some progress made in moving away from the self-destructing carbon addiction to provide a glimmer of hope of what could and should be done in the limited time to restore nature’s equilibrium. In the process, the documentary took mainly a Singapore-centric view complemented by international events and perspectives on the dire consequences of climate change and on finding solutions.

This piece provides a summary of the key messages conveyed by the documentary. The content follows the narrative of the documentary. First, it highlights the root cause of climate change: our addiction to fossil fuels that resulted in the dire situation and consequences regarding carbon emissions the world finds itself in. The next part of the summary presents provides a more optimistic outlook to the future with the developments of potential solutions in renewable energies as well as the simple yet complicated gesture to give agency back to nature to recover. First, the documentary reiterated the existence of potential solutions in the form of solar energy and green hydrogen. In Singapore, these potential solutions are undergoing consistent and significant development and testing. Thus, the most pressing issues is not about finding solutions but rather our willingness – government and corporations’ willingness to invest in these long-term solutions. Then, the documentary highlighted the abilities and importance of nature to regenerate itself and for us humans to coexist harmoniously with, if not live by laws of nature. The piece concludes on a note of caution that now is the time the world should drastically cut carbon emissions before climate change escalates to a point of no return very soon.

Carbon Junkies and the Consequences

Sequestered carbon from millennia of natural lifecycles of living beings that were formed into fossil fuels (coals, oil, natural gas, etc.) was always a natural process and fossil fuels were meant to be stored deep underground. However, this process was disrupted ever since the industrial revolution ushered in a new age of human progress that sees the stripping of Mother Nature’s resources as key to societal development. Human’s unquenchable thirst for fossil fuels for energy is the quintessence of this problem. As humans continue to pride ourselves on the technological advancements made in the past couple of centuries, we are ironically and rather stubborn sticking with carbon-packed resources to power our technological innovations and ingenuities. We have never moved on from fossil fuels as our primary energy sources. In fact, we fell deeper into the addiction problem to keep economies of oil-producing countries and financial markets well-oiled (pun-intended). Earth’s atmosphere was meant to be the protection but humans decided it is in their best interests to burn fossil fuels in the name of progress, thereby causing untold stress to this planet’s immune system that reduces harmful greenhouse gases like carbon dioxide. And burn we did for close to 300 years. In the process, we re-released inconceivable amount of carbon dioxide into Earth’s atmosphere.

In November 2016, the global community seemingly put aside their differences and set the world on an era defining path that was unimaginable just decades ago. 189 countries, even the reclusive hermit kingdom of North Korea, ratified or acceded to the Paris Agreement to begin intense carbon reduction to keep global temperatures in the 21st century to well below 2 degree Celsius above pre-industrial levels as well as to limit the temperature increase even further to 1.5 degree Celsius. The world committed to embark on several grand steps towards this common mission. First, carbon emissions and temperature rise should peak by 2020. Then, emissions should be halved by 2030 and the world needs to be completely decarbonised by 2050. Alas, the world now finds itself slowly creeping back to square one as the euphoria waned. The 1.5-degree Celsius targets based on current data are unreachable. Carbon emissions worldwide continue to rise. Countries’ support for this once hopeful – an understatement, milestone that showcased the best of humanity are being challenged at its core as individual economic interests supersede what needs to be done. The dwindling commitment is further exacerbated by the withdrawal of the United States, the biggest economy and biggest emitter in the world. Worst, the Trump administration ramped up fossil fuel production for their national economic interests. Ultimately, the world continues to find itself losing time faltering on significant efforts to protect and save itself from the dire consequences of climate change.

While climate change does indeed spare no-one, smaller nations, especially island nations are already bearing the full brunt of human’s inactions. The documentary went to Tuvalu, one of the smallest nations in the world located in the South Pacific between Hawaii and Australia. It showcased the plights of the country sinking fast beneath the sea to highlight the devastating effects of rising sea levels – the rate of which is faster in the past few decades than the last few thousands of years. When compared to more industrialised nations, all 57 small islands developing states (SIDS) including  (The Economist, 2019). [1] Yet, these countries are on the forefront of the consequences caused largely by their much larger and mightier industrialised counterparts. In the case of Tuvalu, their commendable efforts to slow their home from sinking through various adaptation mechanisms are increasingly futile. The country’s prime minister even gave grave warnings that climate change adaptation and resilience are no longer viable for his county and other SIDS. The documentary then revealed coastal and archipelago nations are the next in line to suffer the consequences of climate change. For example, 2,000 Indonesian islands and 20% of Bangladesh would be submerged under water by 2030. It will not be long before New York City and Amsterdam – great industrialised cities would sink beneath the waves by 2100 if sea level rises 1.5m, as per the current pace of climate change.

Singapore will not be spared either. Singapore is on course to lose of land to rising sea levels at the current trajectory according to the documentary. This problem is further compounded by the emergence of the fast emerging arctic sea route from melting ice caps, in which the new trade route is 33% shorter than the current one that has for so long made Singapore one of the trade centres of the world. This imminent new trade route would threaten the displacement of Singapore as a global commercial and trading hub, reducing the country’s competitiveness and even relevance in the global economy in the not too distant future. Singapore’s government has pledged SGD 100 billion to increase the country’s resilience to rising sea levels. Raising tidal gates, dykes and reservoirs, building the new Changi airport terminal more than 5m above sea levels and polders to reclaim land below sea levels are some of the measures taken. Even so, the pace that sea level is rising, and climate change worsening is gradually prompting the conversation in Singapore to shift ns much like the aforementioned sentiments by Tuvalu’s prime minister.

Stemming the Tide through Long-Term Solutions

The best solutions are none other than those that address the issue at its core, reducing carbon emissions within its own shores while hoping the rest of the world continue to play their parts. While existing steps to reduce carbon emissions would incur significant costs in the near future, the potential long-term impacts and values far outweigh the initial costs. short, the climate driven sphere has the highest job and business opportunities while the current linear economic business models destroy value and will slowly but surely be phased out. However, the pace of it happening is still a key factor in preserving the sanctity of Mother Nature and the climate. In view of these potentials while being mindful of the limited time before climate change is worsened beyond reparation, Singapore is taking bold but necessary steps to address the climate risks dawning upon our home. The main solutions covered by the documentary focus predominantly on technological innovations and Mother Nature herself.

i. Transition to Renewable Energies: Solar Power and Green Hydrogen in Focus

The most direct and logical steps to reduce carbon emissions is to generate electricity and energy through low carbon renewables. In short, reduce or even eliminate fossil fuels from the energy equation. This is the most obvious way forward because technologies are already in place and have proven capacities to replace fossil fuels as the biggest energy generator. . This technology will only get better with more investments and refinements in the future. Several innovations in Singapore can attest to the immense potential of the PV systems and the even higher ceiling of what this technology can achieve.

a. Building Integrated Photovoltaic (BIPV) Systems

Source: (SERIS, n.d.)

In a building design and architectural sphere, the Solar Energy Research Institute of Singapore (SERIS) and the School of Design and Environment at the National University of Singapore (NUS) have jointly designed, built, and are managing, refining and improving on the concept of BIPV where solar panels are fitted to the façade of a building to achieve the higher generation of solar generated electricity to become an energy self-sufficient and zero carbon emitting infrastructure. So unlike solar panels that are placed on rooftops, the solar panels are integral to the infrastructure, for example as and facades. Moreover, additional electricity generated can be fed back to the major electricity grid or be stored in battery for future use. SERIS stated that there are some 160,000 buildings that have the capacity to install sizeable BIPV systems far larger than the current testbed. In short, there is huge potential and benefits if Singapore decides to venture down this path.

b. Floating PV Systems

Elsewhere, the government’s Economic Development Board (EDB) and the Public Utilities Board (PUB) have also collaborated on taking PV systems to the next level. The collaboration aims to evaluate the performance of different solar systems and their impacts on the environment. As a result, the joint venture has produced largest floating solar panels testbed with 10PV systems across 1 hectare on water currently in the world according to the documentary. In fact, this trial has generated better results than expected as it was found that the cooling nature of water enables the PV to be more efficient. The floating PV systems generated 5% to 15% higher electricity than typical rooftop systems as well as possessing capacities to power 200-odd 4-rooms HDB flats per year, all the while having minimal environmental impacts. With such positive outcomes from the testbed, both EDB and PUB have targeted to introduce floating solar projects in the Bedok reservoir and Lower Seletar reservoir by mid-2020. Furthermore, the joint venture wants to introduce even larger scale floating PV systems 50 times the size and capacity of the existing testbed that can generate 6,000 MWh of electricity by 2021. This target is set with the goal of ramping up 2-Gigawatt Peak solar capacity that can power 350,000 households or 4% of total electricity demand in Singapore daily by 2030.

c. Commercial Leadership & Intergovernmental Cooperation

Sunseap Group, one of the largest renewables and solar energy companies in Singapore has also aggressively attempt to push and drive Singapore and Southeast Asia to adopt renewable solar energy to generate electricity. The documentary highlighted Sunseap’s success story in the Ninh Thuan province in Vietnam on the positive environmental as well as social and economic impacts of solar PV systems. Sunseap Group has installed 449,880 PV modules in the province that can generate 20 million kWh of electricity to power 100,000 households every month. This is a significant development for one of the least developed regions in the country. The establishment of the PV farm has created positive social impacts such as providing better infrastructure and paved new roads for the local communities to connect with the urban and peri-urban areas. Economically, this project has created new jobs for the community. 2,000 employees were hired for the construction of the farms and 35 permanent positions were created after construction completion. This is one of many indications of Sunseap’s ability to be a leading figure in the development of the renewable energy sector in Southeast Asia or ASEAN region. As per Frank Phuan, CEO of Sunseap Group, he used the examples of the infrastructures in place in Malaysia and Singapore to upscale PV systems between the Johor Straits to accentuate on the fact that it is political will – whether ASEAN countries are willing to cooperate in this sphere to create a shared “ASEAN power grid” that balances countries with in the region with rich renewable energy resources against parts of the region that have high energy demands, that would determines the growth of renewables in this region. He added that the technicalities are no longer a barrier to prevent ASEAN countries from taking a huge leap towards transitioning to renewable energy.

d. Green Hydrogen

Amongst the more popular renewable energy sources like wind and solar, one source, one element has been under the radar and perhaps in the shadow of the former two counterparts – hydrogen. As the most abundant element in the whole of the universe, hydrogen also possesses the potential to become a clean and efficient alternative to fossil fuels. The only complication from venturing headfirst into using hydrogen as fuel source is its highly combustible nature. Moreover, the storage of hydrogen in conventional high-pressure tanks is not the most logistically and environmentally efficient manner to attain hydrogen if we consider the transportation of these heavy tanks. Fortunately, the Tohoku University in Japan is developing a new technology in the form of metal hydrides. Metal hydrides are metals which have been bonded to hydrogen to form a new compound. This compound, at the current stage of research and development are pointing towards the elimination of the conventional method of storing hydrogen in high-pressure tanks as it exists in metallic powder forms. But more research is required as the process of retrieving energy from the powdered metal hydrides requires high energy itself to heat and activate the compound.

Back in Singapore, a more basic form of metal hydrides system is undergoing testing. The testbed is also showing positive results. Instead of storing metal hydrides in powdered form, hydrogen is stored in a metal hydride tank using the same concept of binding hydrogen with metals. When electricity is needed, hydrogen is released from the tank and passed through fuel cells. Prior to storage, hydrogen is attained by breaking down water in a separate compartment in the testbed. Overall, the energy required for the entire generation process, from breaking down water to releasing hydrogen from the metal hydride tank only used electricity generated by solar panels. As a result, the Singapore Power Training Institute is the first zero emission building that is powered fully off the grid by green hydrogen in ASEAN region.

ii. Restoring Nature

It is undeniable that the ongoing coronavirus pandemic is grim and disruptive on all fronts. However, environmental lessons while secondary to public health, can be taken from this challenging time. The pandemic shows Mother Nature’s ability to regenerate herself over the short period of time when human activities almost came to a virtual standstill. Air pollution levels decreased quite significantly, rivers became clean and clear again and the air fresher. This is an indication that humans do not actually need to take draconian measures to make changes possible. Rather we can take modest but nonetheless significant steps to eventually phase out things that are environmental detrimental like excessive carbon while allowing the Earth to heal. Nature has a strong will and has shown time and again its ability to restore itself – think Chernobyl and the nature that reclaimed the abandoned city in just a few decades. Therefore, the message from the documentary is to give agency back to nature to do what it does best, to recover and regenerate itself. In particular, restoring plants and their habitats should be a priority in major efforts to help nature to recover because plants are nature’s front liners against rising carbon dioxide level. The documentary focuses on mangrove trees as exceptional carbon scrubbers. This plant species can sequester 3 to 5 times as much carbon as land-based jungles. Thus, experts are studying closely on ways to preserve, conserve and cultivate new habitats in historically alien environments in other parts of the world. Even so, the bottom line remains – preserve and plant more trees.

In so doing, nature’s recovery and flourishment will only further benefit human’s health. It is scientifically proven that the human biology is wired to sync harmoniously with nature. The practice of shinrin-yoku or forest bath in Japan shows how human’s immersion in nature can have healing effects on the mind and body. Therefore, it is a ‘kill two birds with one stone” scenario whereby a thriving nature benefit both humans and Earth. Shifting the focus back to Singapore, it is unsurprising that this belief in nature’s healing abilities has led to the restoration of freshwater wetland in Singapore’s Botanical garden. As a result, it not only restores habitats but also act as a potential water reservoir that redirects flood water from urban areas to the area to make this city state more flood resilient. In summary, we should strive to let nature reclaim its equilibrium and us humans should coexist peacefully with, if not live harmoniously in nature.

No Time for Caution and Complacency

Climate scientist assistant professor Angel Hsu of the Yale-NUS College summarised best the reason climate change is described as the “super-wicked problem”. One, time is running out and relatively little has been achieved. Next, many people currently entrusted to solve climate change are ironically people who are causing it due to their other interests and their questionable practices in the process, best demonstrated by how these people fly extensively to attend meetings to combat climate change. Third, there is no central authority in the fight against climate change. As a result, every country prioritises their own interests before the common necessity to fix the climate and environment. Finally, and most damning of all, the persisting paradigm that climate change is a problem for the future. In reality, there is no time for caution and complacency. Carbon dioxide must begin declining this year or the world risks an irreversible disaster. Systemic changes are needed where business leaders and governments pool together resources and expertise to deal with this common enemy. We are one species after all.

While Singapore has taken good strides to address climate change issues at home, we need to be conscious that there are still other areas that could be done better. For example, the country could accelerate the transformation of public transportation system. Electrifying public buses and increasing bicycle lanes should be fairly easy to be implemented in an enclosed and well organised country like Singapore. Shenzhen, which is roughly the same economic size as Singapore has electrified all their public buses in 5 years, Singapore can surely do better than setting this target to be achieved by 2040 (He, 2018). Therefore, we are only at the prelude of the fight against climate change and the climax will arrive quicker than ever. If we do not take significant actions, the crescendo [2] of the disaster will likely drown out any hopeful progress. And climate disaster will happen more as a caesura [3] to the end of human existence than a diminuendo [4] like most lifecycles.

[1] Singapore’s percentage of world GDP was 0.42% in 2017; total contribution to global emissions was 0.11% in 2017; Singapore’s population is equivalent to 0.08% of the total world population ( (theGlobalEconomy.com, n.d.; Tan, 2019; worldometer, n.d.)

[2] In classical music tradition – gradually getting louder.

[3] In classical music tradition – a grand pause or dramatic break.

[4] In classical music tradition – gradually getting softer.

References
Carbon Conundrum. 2020. [Film] Singapore: Channel News Asia,.

He, H., 2018. Shenzhen surpasses US$338 billion GDP mark in 2017, beats Hong Kong and Singapore’s growth. [Online] 
Available at: https://www.scmp.com/news/china/economy/article/2128310/shenzhen-88-cent-hi-tech-growth-roll-hit-y2tr-2017
[Accessed 29 April 2020].

SERIS, S. E. R. I. o. S., n.d. [Online] 
Available at: https://bipv.sg/
[Accessed 29 April 2020].

The Economist, 2019. Island states have had an outsized influenced on climate policy. [Online] 
Available at: https://www.economist.com/international/2019/09/19/island-states-have-had-an-outsized-influence-on-climate-policy
[Accessed 29 April 2020].

theGlobalEconomy.com, n.d. Singapore: Percent of world GDP. [Online] 
Available at: https://www.theglobaleconomy.com/Singapore/gdp_share/
[Accessed 11 May 2020].

worldometer, n.d. Singapore Population. [Online] 
Available at: https://www.worldometers.info/world-population/singapore-population/
[Accessed 11 May 2020].

The public and private sector, to increase focus on waste reduction

On World Environment Day this year, both the public and private sectors in Singapore upped up their efforts for environmental protection with a series of plans and initiatives. These include:

  • the unveiling of the Public Sector Sustainability Plan 2017-2020 by Deputy Prime Minister Teo Chee Hean,
  • the introduction of mandatory reporting of packaging data and packaging waste reduction plans and the Logo for Products with Reduced Packaging by National Environment Agency,
  • the launch of ReCYCLE, a nationwide electronic waste recycling programme by Singapore Post and Singtel
  • the official opening of the Singapore Sustainability Academy by CDL and Sustainability Energy Association ofSingapore.

Under the Public Sector Sustainability Plan, environmental targets are set with regards to the use of electricity, water, building, waste and solar energy for FY2020 and achieve them through better resource management. Transparency and Disclosure is one of the main components guiding the Plan [1]; we can expect progress against targets to be communicated. The Plan reinforces Singapore’s commitment to the Paris Agreement of reducing emissions intensity by 36 per cent by 2030 from 2005 levels [2].

The Public Sector Sustainability Plan is published by the Ministry of Environment and Water Resources (MEWR), under the Sustainable Singapore campaign.

The National Environment Agency, an agency under MEWR, also introduced initiatives to reduce packaging waste. The launch of the Logo for Products with Reduced Packaging (LPRP) will help inform consumers of products that has reduced packaging and hence generate less waste. Mandatory reporting of packaging data and packaging waste reduction plans will also be introduced by 2021, for businesses that uses packaging on consumer goods [3].

The announcement of mandatory reporting of packaging data and Waste Reduction Plans by 2021 was made by Mr Masagos Zulkifli, Minister for the Environment and Water Resources, during the 10th Anniversary celebrations of the Singapore Packaging Agreement (SPA) [1]. Reduction of packaging waste makes business sense for winners of the 10th SPA awards.  Greenpac for example avoids 4.13 tonnes of packaging material and reaps about $17,200 a year in material cost savings after redesigning a microscope packaging to use lighter polypropylene (PP) corrugated sheets instead of wood [4]. Sunfresh Singapore has estimated annual cost savings of $1,320 with a reduction of 0.28 tonne of plastic packaging waste by eliminating plastic liners in their deliveries of aluminium cups [4].

Given that one-third of about 1.66 million tonnes of waste disposed in 2016 by Singapore was packaging waste [1], these initiatives are appropriate and timely.

Waste reduction was the theme of some initiatives by the private sector as well.

Singapore Post and Singtel for instance launched ReCYCLE, a nationwide electronic waste recycling programme. Consumers can now drop unwanted electronic devices into the ReCYCLE bins at selected Singtel outlets and Post Offices at no charge. Valuable metals and components in the devices would be recovered [5].

At the official opening of the Singapore Sustainability Academy (SSA), winners of the 6th CDL Singapore Sculpture Awards presented artwork that utilised the SSA’s residual building materials, in line with this year’s theme of ‘Towards Zero-Waste!’ [6].

The SSA is a training and networking facility on sustainability jointly created by City Developments Limited (CDL) and the Sustainable Energy Association of Singapore (SEAS), a non-profit organisation. Among other sustainability-related events, the SSA will be a platform for CDL’s Women4Green initiative, the first sustainability network for women in Singapore. The SSA will also partner Eco-Business to set up a Sustainability Studio for the production of sustainability-related films [6].

The ReCYCLE programme and the Singapore Sustainability Academy are great examples of how partnerships between sectors can work together to achieve better environmental outcome. Indeed, that collective effort by all sectors in the economy are required to make progress, and it is heartening to see initiatives by both the public and public sector this World Environment Day.

World Environment Day started in 1974 by the United Nations, and is celebrated on 5 June by over 100 countries every year [7].

 

References

[1] https://www.mewr.gov.sg/news/press-release—singapore-launches-sustainability-plan-to-chart-green-course-for-public-sector

[2] http://www.pmo.gov.sg/newsroom/dpm-teo-chee-hean-opening-ceremony-singapore-sustainability-academy

[3] http://www.nea.gov.sg/corporate-functions/newsroom/news-releases/nea-to-introduce-mandatory-reporting-of-packaging-data-waste-reduction-plans-by-2021

[4] Singapore Packaging Agreement, ‘3R Packaging Awards 2016’

[5] http://recycle.sg/

[6] http://www.cdl.com.sg/images/press_release/20170605.pdf

[7] http://worldenvironmentday.global/en/about/what-is-it

 

 

COP 21 Paris Agreement: the first global consensus on climate change

On 12 December 2015, the first ever universal agreement on climate change was adopted by 195 nations. The deal was made at the Paris Climate Change Conference, also known as the 21st Conference of the Parties (COP21) to the 1992 United Nations Framework Convention on Climate Change (UNFCCC).

Major points of the agreement include a capping of global temperature rises at 1.5oC above pre-industrial levels, and net-zero emissions by second half of the century. These climate change mitigation goals are accompanied by financing and review mechanisms, taking into account countries’ differentiated levels of responsibility and vulnerability to climate change.

The Paris Agreement also sends a clear signal to global markets to move to a low-carbon economy. As noted by Singapore’s Foreign Minister Vivian Balakrishan, and Edward Cameron, managing director of partnership and research at non-profit Business for Social Responsibility, the universal and legally-binding nature of the agreement, together with a transparent method of tracking each country’s performance provides the assurance to businesses that governments will support low-carbon projects for the long term.

Singapore Deputy Prime Minister Teo Chee Hean, who is also the chairman of the inter-ministerial committee on climate change said Singapore will work towards the pledge of reducing emissions intensity by 36% from 2005 levels, by 2030, and stabilising emissions with the aim of peaking around 2030.

2015 – The Tipping Point for Meaningful Change?

The Paia team attended the Responsible Business Forum for Sustainable Development 2015 (RBF) held at Marina Bay Sands Convention Centre and Gardens by the Bay, 3 to 4 November 2015. The RBF saw over 600 business leaders, policy makers and NGOs from around the world gather to share innovative solutions for creating sustainable growth and delivering the Sustainable Development Goals.

2015 is indeed being hailed as a historic year for the world. The discussion at the RBF could not have been more timely, focusing on two major events this year. First, this year has seen the launch of the new post-2015 Sustainable Development Goals (SDG) to ensure prosperity and environmental protection for future generations. Second, this year will end with a new treaty to be agreed upon in Paris where the United Nations Climate Change Conference COP 21 will take place. This is where the worlds nation states will decide to limit the greenhouse gas emissions and prevent global warming beyond the two degrees that is expected. In addition, the current haze situation in the region was a hot topic that raised a few questions for the policy makers from around the region. In the opening plenary address, Singapore’s Minister for Foreign Affairs, Vivian Balakrishnan called it a ‘man-made tragedy’ and asserted that growing consumer awareness on sustainable business practices and companies’ supply chains, means that businesses have to be more transparent in their operations and policies.

Day one of the conference saw business leaders, international government officials and sustainability experts across several sectors such as agriculture and forestry, palm oil, consumer goods, building and infrastructure, energy, mining and financial services hold pertinent discussions about how improvements in innovation and technology, mind-set shifts and transparency are necessary for businesses. In the face of an ever increasing population, a consumerist society, strain on the earth’s natural capital coupled with rising carbon levels, businesses must embrace sustainability at all levels and restructure their conventional practices if they want to continue operating in this climate.

This paradigm shift has already occurred for some innovative companies such as Autodesk, April, and DSM – who have embraced transformational sustainability changes such as new closed-loop and circular business models and have become leaders in their own right. The various panels explored the possibility of transitioning to a low carbon economy, and the benefits and challenges of placing a monetary value on natural capital. Almost all agreed on the imperative need to integrate this valuation into future decision making. Organisations present were WWF, Ersnt & Young, South Pole Group, A*STAR, Rolls Royce, Aviva, Trucost, Autodesk, DHL, and NTU, to name a few.

The Sustainable Development Goals were discussed in great detail on day two by policymakers from around the region, business leaders and NGOs. The speakers ranged from businesses such as Levis Strauss & Co, Novartis, INDISKA, Sime Darby, Wilmar, HMP Family, policy makers from the Philippines, Indonesia and Malaysia, and NGO’s such as UN Women Singapore, WWF etc. The SDGs were combined into broad topics and the speakers shared their thoughts on approaches and programmes that will contribute to a transformative, inclusive, low-carbon economy where a dignified standard of living can be achieved by communities. NGOs had a special role to play on this day, as they shared their thoughts on forging effective, multi-stakeholder partnerships which are crucial for successful collaboration.

Look out for more on this page by the Paia team on Green Freight Asia (GFA) Forum: Bringing Green Freight Practices to Scale.